Brazilian former president Lula da Silva criticized rich countries for their roll on the current economic crisis that has been changing the world’s economic map and once again came out forcibly in support of President Dima Rousseff.
“The world’s biggest economic players are unable to sort out Greece’s debt problems”, pointed out the former president in support of his statements.
Lula da Silva also reiterated full support for his successor in the presidency Dilma Rousseff that has been challenged by two major cabinet crises and ongoing strained relations other parties of the ruling coalition.
“Dilma is completely able of running the country; I know her personality and her capacity. You can rest assured she will do more and better than we did in my term” underlined Lula da Silva.
Ms Rousseff was handpicked by Lula da Silva to succeed him and had no problems in winning the 2010 election on the former president’s incredible prestige and popular support.
The former president spoke Monday night to a Construction industry businessmen meeting in Sao Paulo which honoured him as a “great statesman”.
Lula da Silva also reminded that less developed countries – like Bolivia, as he illustrated – are not ‘responsible’ for today’s international economic scenario and therefore shouldn’t have to pay for the richest nations’ choices.
Economy minister, Guido Mantega, said Brazil is one of the best prepared countries to face an eventual default of the United States, but considered it unlikely to occur and said he expects “common sense” prevails.
Mantega recalled that Brazil is the US fourth creditor.
Top Comments
Disclaimer & comment rulesCan't understand why people pay to listen to him.
Jul 28th, 2011 - 11:03 am 0It can't be for his profound insight into the state of the Brasilian nation or his grasp of world politics and macroeconomics.
Perhaps it's because , like most after-dinner speakers, he appears more funny when he has had a few.
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